MCCA to release new products in 2011

From

At the 2010 Annual General Meeting (AGM) of the MCCA Group that was held late last year, Dr. Aladin Zayegh on behalf of the Chairman Dr. Akhtar Kalam welcomed Mr. Hyder Gulam and Mr. Mohammad Helmy to the MCCA Ltd. Board. The MCCA Ltd. Board of Directors is comprised as follows – Dr. Akhtar Kalam

continue reading

Why are Australian shares lagging? Will it continue?

Key points Australian shares have disappointingly underperformed traditional global shares over the last year on the back of monetary tightening, worries about a housing bubble, the strong $A and Chinese tightening. Many of these concerns should be largely factored in & we see better returns this year, but some linger so it is too early

continue reading

ETF usage to surge to $6bn in AUM in 2011, Russell says

From

Three new issuers and 15 new ETFs could come to market Exchange mergers could be game changers for local ETF market The Australian Exchange Traded Fund (ETF) market is expected to grow to more than A$6bn in assets under management (AUM) in 2011 Russell Investments said in an analysis of ETF market trends released today.

continue reading

MLC Investment Management changes Australian equities strategy

From

MLC Investment Management today announced that it has made changes to its Australian shares strategy, creating separate domestic equities strategies for the Horizon series and MLC Australian Share Fund. The changes are part of MLC’s continuous assessments of its multi-manager strategies and are designed to further align the manager arrangements with the objectives of each

continue reading

AMP Capital welcomes new Australian equities appointments

AMP Capital Investors has appointed several equity investment professionals, bringing its Australian Capital Equity team to eight investment professionals focused on the Australian equities market. Joining the team are Jonas Palmqvist as Senior Portfolio Manager/Analyst, Andrew Lally as Senior Portfolio Manager/Analyst and Thomas Young as Assistant Portfolio Manager. With the injection of new talent, the

continue reading

Economic Update: December Quarter 2010

From

While the Australian share market tended to lag overseas markets during the year, the stronger Australian Dollar (which exceeded parity with the US Dollar for the first time since 1982) did detract significantly from unhedged global equity returns. After a disappointing start to 2010, diversified fund investors enjoyed solid returns during the second half of

continue reading

Threadneedle appoints two fund managers to Global Emerging Markets and Fixed Income teams

From

Threadneedle, a leading international asset manager, has announced the appointment of two fund managers to join its Global Emerging Markets Equities and Fixed Income teams. Irina Miklavchich has been named Fund Manager, Global Emerging Markets Equities.  Ms Miklavchich will join the Asia (ex Japan) and Global Emerging Markets Equities team of seven headed by Vanessa

continue reading

Asian institutional demand for alternatives will accelerate in 2011 with corporate governance top priority in choice of manager, says BNY Mellon

From

Robust outlook for Asian hedge funds in 2011 driven by accelerating institutional demand Low interest rate environment fuelling demand for alternatives in emerging markets, particularly Asia, with institutions drawn to Asia’s strong growth forecasts and positive economic outlook Corporate governance, transparency and risk management more important than ever to institutions when choosing their hedge fund

continue reading

Growth assets should deliver returns in 2011, Russell global outlook says

From

Global assets neither expensive nor cheap Equities favoured but international preferred over domestic Riskier asset classes such as equities and property are expected to present the best value this year according to the Russell Investments 2011 annual global outlook released today. “Eighteen months into economic recovery, we are at an interesting point in the cycle

continue reading

Quarterly Chief Investment Officer Investment Index

From

Index reveals growing optimism among Chief Investment Officers The latest ‘Financial Services Council Chief Investment Officer Investment Index’ shows Chief Investment Officers (CIOs) are growing more optimistic about investment performance over the next 12 months.  The quarterly Index, based on CIO responses from a sample of Financial Services Council members, scored 25 from a range

continue reading